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tv   [untitled]    August 5, 2011 10:00am-10:30am EDT

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fallout of deja vu markets a struggle to recover lost following a worldwide plunge after being scooped by the weakening u.s. economy and the e.u. debt. in my private conversation with the presidents of syria i discuss the same ideas reforms need to be carried out if he fails to do that then the senate future awaits him president if it warms or syria's president as the siege of an opposition held city continues and more protests are expected after friday prayers. and breaking news this hour here on r.t. former ukrainian prime minister yulia timoshenko is arrested for contempt of court
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during a gas deal. a slum and this should be on is on stability of a group of hardline muslims trying to enforce tougher shari'a law in london opening a new front of multicultural tension in europe. just after six pm on friday here in the russian capital this is r.t. and a first to our breaking news this hour a ukrainian court has ordered the arrest of the high profile opposition politician former prime minister yulia timoshenko she's been on trial since june for allegedly exceeding her authority while signing gas deals with russia in two thousand and nine that was during her time in office as the country's prime minister. she has
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been arrested now for contempt of court accused of obstructing the questioning of witnesses prosecutors say her alleged crimes cost the country over one hundred fifty million dollars to train her was one of the leaders of the orange revolution that later plunged the country into political chaos when the alliance broke up and we're hearing that her supporters attacked the police vehicle which took her from court by later today we'll be joined live by our correspondent in kiev for details on this developing situation. and our world markets are clawing back their losses but remain unstable after the sharpest fall since two thousand and eight that decline raised fears of another way for the global recession and with the slowing u.s. economy and e.u. debt crisis started which will is following the markets from brussels. the euro virus is spreading to new countries france and belgium all next day yields have hit record highs against germany's the u.k.'s but actual services or storage he has asked british banks to reveal how much debt they hold in belgium on fears that that
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country could be next italy and spain have entered crisis talks with the e.u. as they yield hits critical of you guys so now you have investors pulling out of france italy and spain the second third and fourth largest eurozone economies and that is why the investors in the markets are panicking at the moment the leaders of france spain and germany are holding an emergency teleconference to try and stop the open rails that's a coming out at the top you have italian prime minister silvio berlusconi and his finance minister openly disagreeing on this solution solutions to the crisis and the e.u. president jose manuel barroso on discipline communication by e.u. leaders for making the crisis worse and germany is furious at such an open attack this time when it's already critical as in europe we've seen the america really suffering and raising the debt ceiling doesn't tackle the key problem which is
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making the problem worse given the more debt and their economy is weak because they know the your the u.s. have really started to tackle the key issue yesterday was the wall street was years there was steep slumps in the share price and there are now fears that america will go back into recession which would strongly hit not just america but the whole world economy and u.s. and europe politicians keep trying to reassure the public that everything is ok but it's investors who are really making decisions they're the ones that are pulling their money out of these markets and they're saying that they don't like the situation at the moment at all. started going to bush reporting for meantime a market geary a hong kong based executive headhunter and business consultant says that america europe's financial uncertainty is making investors that look to the east we've seen the economies here in asia pacific have done very well over the last two to three
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years they survived the previous financial crisis china is looking at about nine percent growth this year india eight percent and don't forget indonesia at about six point five percent that's about forty five percent of the world's population these are populations that have been have been growing economic wealth has been growing so they're now significant spenders and retail themselves we've seen tremendous growth in the property markets particularly in china we've seen china's car market now become the world's largest car market and i think major companies are looking for growth in asia pacific and they're diverting their attention to these markets. and our business of course is keeping us up to date on developments dimitri has his eye on the markets are particularly after the release of the latest u.s. unemployment report and how are the markets responding well initially there was a very positive response or the dow jones and the nasdaq went up more than one
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percent one point two percent we've seen them actually go up but right now it's all come back into negative territory so the dow is the lows of minus zero point six percent so it's really like a roller coaster ride barely very volatile investors being quite cautious as to opening long positions of course ahead of the weekend so they're mainly prefer in cash at the moment russian market also did see a rebound almost paring all of its losses in friday's trade but right now they've come back down more than two percent losses in negative territory i have more on that in around fifteen minutes. so you are. president of your death is a serious leader bashar al assad to kickstart reforms and the violence in his country before it's too late for me treatment here that was giving an extensive interview to r.t. as well as a ski radio that is and a georgian t.v. channel pick but he's
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a preview the bear in mind the full version of the interview is coming up in about twenty minutes time here on our way. unfortunately the situation in syria has taken a dramatic turn we real politicians should follow developments in africa a violent orders to destroy the opposition the syrian president gave no such orders unfortunately a lot of people are dying in syria this is our biggest concern in my private conversation with the president of syria and in the private letters i sent him i discussed the same ideas reforms need to be carried out he should establish peace with the opposition establish peace in the country and create a modern state if he fails to do that then a sad future awaits him and at the end of the day we'll have to make a decision we are watching the situation it is changing our guidelines are to. meanwhile antigovernment protests continue across syria despite not going crackdown by the military reports suggest at least eight more days of the assault on the city
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of hama continues the opposition dismissed that accrete from president assad proposing a multi-party government system saying the violence has to end before the dialogue begins the u.s. says it's working with its allies to apply more pressure on syria with sanctions and beyond the sanctions but arab lawyer. says such threats because of productive. the pressure international pressure on syria is producing some results what is the lacking is the action of the syrian side they have to make the changes that require . principally stop killing people remove some of the leadership either on the part decide on the government and on the military and i think the threat that the u.s. and france and the and britain. applying to syria is very counterproductive it is not acceptable what's happening they have to have a dialogue but they are resisting the forming in which we have fallen before with
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iraq when there will be security council so there will not invade iraq maybe basically in libya only we are going to have a no fly zone as it turned out to be in for a war and invasion of libya. meantime there's islamic leadership tension of a very different kind in britain with hardline muslims trying to enforce shari'a law in london from abstention to you tension rather artie's lore and it's been hearing how they want to instill their tough code on the capital. so we are. now is the man. is unstoppable in europe stoning for adultery cutting off hands for stealing death for renouncing islam this group of men is trying to enforce shari'a law in the u.k. they started a campaign to make certain areas of london and other cities islamic law or controlled zones starting with walthamstow east london before you go to the
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building you go because of these numbers we'll try to do the most of the muslim community also looking we believe that was suspended together trade according to the sharia has all the problems of the sharia but even police themselves for logic start hopefully one day to have a summit coverage which will have a policy look at the security locally and you provide welfare locally choudhry and his friends are fly posting parts of london with large muslim populations they want to ban drinking gambling and playing music and they say they've got bands of young men ready to patrol and in full shari'a law by any means that in force we will not initially be in on the level of inviting and forgiving verbal but if someone has a capability of a beast what do you think of this evil like pornography situation we should do so. by that we think of course i believe that i need a mosque should be run out of the area these muslims say british society is broken riddled with drugs crime and prostitution because of that they firmly believe
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members of the communities they're targeting will welcome sharia law but the word of the street about the campaign tells a different story comes down so if you don't like the laws of the place you live find somewhere way to appreciate the law. and all of these things are completely legal in this country so this is not indira pakistan this is england because our own laws people and all rights community bring their laws in here we often have a costly but trouble but councillor martin isa. griese say this could destroy community cohesion we've. taken down the post assumes a put up because we do not want these posters around. and they have no place to move in for us this is an equality campaigners say the surest supports it shouldn't be considered a religious movement because a forthright political organization with a push to campaign designed to divide and conquer communities the danger lies in
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departing dividing communities and creating mistrust and particularly among from non muslims towards moderate muslims i think this is part of their aim is to create mistrust so they can then turn to moderate muslims and say look everyone hates you we're your friend turn to us i'm going to spare a very dangerous thing and it's a political tactic to increase their own power undeterred by opposition childfree and his group plan what they see is the beginning of an islamic emirate not just to be all over europe police have mobilized to take these posters down as fast as they appear but choudhry and his group say they formed bands of vigilance in forces to make sure syria is here to virtually all physically and in other parts of london women who've already been harassed for not covering their heads if these muslims ever get their way i won't be able to dress like this on the streets of loathsome
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stay or many other parts of london brussels rome and paris and it's r.t. well from stone loved it. you can discover more on europe's struggle with multiculturalism online of course dot com also i love you right now prison diary allegedly gun fire and fifty on trial in the u.s. gives his account of hardship times in time and american jails and the political dealings which may be behind the case highlights on our website are two dot com pass. russia's envoy to nato says the alliance is preparing a military operation in violence torn syria just four months after going into libya more news into loved ones are to talk. live.
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with r.t. live from moscow now about to our breaking news story here a ukrainian judge has ordered the arrest of a former prime minister yulia timoshenko citing contempt of court she's been on trial since june for alleged misuse of power while signing gas deals with russia in two thousand and nine i'll show you now can join us live from the ukrainian capital actually it's a massive trial day how did it come to this point. well we understand the latest decision by the judge who is supervising this case with leading this case that's good some are saying go the country so ukraine's former prime minister is placed under arrest before that she was simply forbid him to leave the country now the trial will continue with her being in the detention center behind bars now indeed the atmosphere in and outside the court building here in central kiev has been completely electrifying over the past month or so these supporters over to the cycle several hundred of them have been gathering here voicing their protest against what they describe as a politicized case and indeed today the scenes were pretty much reminding of all
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too familiar scenes from ukraine's parliament several years back fighting showing accusations all this has been the picture of today from inside the courtroom from inside the court building indeed one of the former prime minister was taking out of the court building and was put into the armored vehicle which was to transport her to a detention center the supporters of you too much time for some of them good it included the big deputies of the parliament attacked the. and tried to block its way but clearly the policeman make sure that the bus when normally on beautiful as when to stand is now delivered to the detention center still the rally here continues with the supporters trying to a voice their voice their discontent voice their protest against this decision and i'd like to remind viewers the critics messiah who has been on the trial for the last month or so accused of many different economic crimes including striking
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unlawful gas deals with russia in two thousand and nine and the unlawful use of money received from the kyoto protocol several years back so indeed this is the biggest case in ukraine for the last several years or so when we are observing it and this is some interesting point with a simple being placed on the rest that. we can hear the noise behind us and emotions certainly running high there in the capital but i take us back if you will to the situation in ukraine ukraine two years ago was very different tell us what was going on politically back then. but it certainly is a great fall from grace for the woman who was once considered to be one of the most influential politicians in the world just eighteen months ago you could switch and it was ukraine's prime minister now she can find she can easily become the country's most high profile convict back in the times when she was at power in the prince government as the prime minister had two spells in fact as prime minister ever since the two thousand and five orange revolution those were the times of
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political chaos constant. political fighting between her and the president and the gas deals with russia which is now she's being accused of striking illegally happened in those times certainly those were the turbulent times now with a new power here in ukraine the power itself seems to be the power structure seems to be more or less stable but clearly this new power led by president going to go to china possibly just made it clear that putin a friend is a criminal and they believe she is she is going to blow. for huge loss of money from the ukrainian budget that is hundreds of billions of dollars and that is why this case is happening right now so i would have to see how it plays out of. your life in kiev thank you. u.n. has given to russia access to what's thought to be the plan is biggest gold and copper fields for exploration but it won't come easy they line the deep sea deposits of the militant ridge he's going to score as details of the steel. russia
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has fifteen years to explore the the. mid atlantic ridge in order to find out whether indeed this is specks of gold and copper or are in fact contained there and if the research proves to be successful if they do find a war in the mid atlantic that means our ship gets the priority in the development of that field but this has never been done before no countries that are applied for the developments off the seabed into in international waters until last year china has decided that they wanted to ask for permission to research for any potential. valuable materials in these seabed off the indian ocean so this of course brought forth many opportunities for other countries who are interested in the village developments all such resources particularly for russia there's the the arctic the arctic sea russia is very interested in possible developments all of our oil and gas resource there in fact russia has for quite some time has been trying to prove
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that the following also a bridge in the arctic sea is in fact a continuation of russia's continental shelf and if they do prove that that in fact is the case of other countries agree with russia that that means russia will get to develop the possible incredibly rich oil and gas resources in that field of course russia has to compete with other countries who are also vying for the for the peace of the arctic lie in those countries of course are canada the united states denmark norway and interestingly enough china was a really good little reporting right now it's twenty minutes past the hour here and most going to check out some other international headlines for you libya's government has described reports of the youngest son of moammar gadhafi was killed in a nato airstrike as a dirty trick rebels claim the twenty eight year old economist was among the thirty two who died in the right which the alliance says targeted and i mean. military
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police are still looking you know town southeast of tripoli and may want to confuse other sons was killed along with three grown children when a nato bomb hit the house they were. thailand has its first ever female the head of government. has been elected prime minister after her party secured a parliamentary majority choose her sister of former prime minister thaksin shinawatra who was overthrown in a military coup five years ago he was charged with corruption and fled the country but there's speculation he might try a comeback now that his sister is in charge. but i don't know you are one of russia's most remote corners where integration with china knows no borders. they were in the far eastern are more region it's a remote but rich area holding the russians a largest gold reserves and it's russia's most eastern economic outpost making the
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most of its proximity to china as are his other separate found out. a very warm welcome to this edition of russia place out this week coming to you from the amour beat in six ways it's in the great hall this week says the buses for weeks because it's the promises away from you in moscow but a mere like minutes by folks from china and surprisingly the influence of china and its culture is everywhere here. high heels and a hot house it's not a look many women can pull off but then on a research she prefers to be called in russia is no ordinary woman having first arrived in amman has an interpreter here in the early ninety's she and her family work their way up from running a small cafe and she meaning this large construction company. and spread across the region's capital blood of ash and no fewer than four large
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chinese restaurants full most nights and serving up the taste of the orient to russian diners it's an impressive pool failure and one that a mother of two says she couldn't have built in china. just yet i saw an opportunity to create something here russia needs skilled laborers and with china being so close and easy our existing chinese goods dick whitman and are ready workforce. and the receiver is just one of a growing band or successful chinese entrepreneurs operating and russia's far east where a river is all that separates the two countries easy proximity coupled with favorable visa regulations continues to inspire thousands of chinese workers people like sucha to flock across the border every year his is a tried and tested business model selling cheap chinese clays. so whether it's a pair of trying to train is that the rot or perhaps the xylophone glass is this is
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where the people of like a version of heads to pick up a ball game are instantly the chinese market which then the sense of town and of course everything inside here bad the label made in china and all the sellers also you can from china and let me tell you it's absolutely packed inside here and how it's like this every single day so clearly business is leaving. i've been here for three years and that china has that once not jobs things are going well him you can get things really cheap here which is great if you've got a large family the quality varies hugely but on balance i think we're lucky to have chinese traders here russian goods just can't compete on price and. by holding on one of the many packed ferries that cross the a more river every day russian consumers can enjoy an even more authentic chinese shopping experience. albeit with a slight slavic flavor thank you for parking and in the process help to fuel the chinese economy it's led sons of fear that russia is far east is
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a need spawned by its entrepreneurial neighbors dismiss the church as worthless a bit pessimistic revel in self-pity of the sight of china forging ahead while not diminished think of ways to develop like a vision of the same pace using chinese expertise capital and labor i believe our region is hugely fortunate to move to china if we compare our city to others in russia we're much better off in almost every respect i was told of extensive plans for more joint ventures in greece integration between the two countries as far as government is concerned its relationship westray. if found in here on the a more truth line it's a mere five minutes by boat across to china so close you always feel that you can reach out and touch it and people living here think that they've been witness to the phenomenal pace the developments along the high peg slight representative of the growth of the chinese economy as a whole and its influence here in russia alice said it r t young border region.
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tore it up right up to us shortly with our latest news stories here at r.t. but have a time for the business news with dimitri. welcome to business our to give us markets seesawing even after a positive jobs report payrolls in the u.s. rose by one hundred seventeen thousand workers after a meager forty six thousand increase in june of stronger than expected report sparked a rebound but that hasn't so far continued into western from the us on capital believes what we've been seeing is a relief rally logical there john. i think that what you're seeing is it's proving that the the u.s. economy is still growing but more than that. still people are worried about the recession and people just seeing the market rebound is really investors clinging on to a little piece of good news in this kind of environment so i don't think that we should
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read anything. too soon to say. people were watching becoming data very closely and the issues that were negative issues that were there yesterday are still there today it's just a little bit of a little bit of gold mining if you want this is what we call a relief rally which is easily can turn south again if you see something coming out of spain and italy or anything else coming out of us very easily returning downwards again he's aggressive now with his comments while global indices are fluctuating models like well from easy x. capital groups and russian markets are likely to be the first in line to see an upswing. russia has had a fantastic run look at the nice sixty's that it is not a great run over the last few weeks or so slowly start to come off but it's coming off from the highs and with the increased amount of exposure to us that with a high amount of exposure to the oil and gas markets i feel that there is near term downside for four russian it which used to be hard but when the recovery comes it
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will come to some point in the russian market does seem very well positioned to benefit quite significantly from its. roots in the markets now starting with. making some was about coming back though actually started with gold it's eleven dollars forty seven cents this hour silver up marginally twenty cents and this is because of course these precious metals have traditionally been a safe haven assets at times of volatility. so move now to the u.s. markets they're seeing a roller coaster trade on friday after an issue upswing from the jobs report the dow jones the did actually descend into negative territory down point six percent at one point now point four percent tech stocks are under pressure nasdaq are just point one percent nights of being one of the biggest drags to move over to europe and the things that haven't changed the very much after the opening of the u.s. markets and with acts of both down one point nine percent banks are among
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the worst performers today world bank of scotland did see a decline of around twenty one percent in just friday's session but has recovered since that's our first second portugal's. markets in russia have got just fifteen minutes to go and the r.t.s. is showing one of the biggest losses this year more than three percent this nice next down one point eight percent dragging on the markets energy shares gas prom and of course now some of the worst performers going. from down two point nine percent growth next two percent and one quarter that it's coming down to lowe's not seen since december after the world plunged in the previous session that's on speculation fueled the run will for tough financial stocks also on the pressure and also take on one of the biggest losers and we will be back in fifteen minutes time
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to bring you an update to bring you the closing figures for the russian market so join me then. hungry for the full story we've got it from. the biggest issues get the human voice face to face with the news makers.

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